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About Educational Federal Credit Union
Educational Federal Credit Union, known as EdFed, was founded in 1935 in Miami, Florida, originally serving the financial needs of teachers during the Great Depression. Over the years, it has expanded its services to include a broader educational community. The credit union has undergone several name changes, reflecting its growth and commitment to serving school employees, culminating in its current name adopted in 2021.
EdFed offers a variety of financial services typically found at credit unions, such as savings and checking accounts, loans, credit cards, and investment services. The credit union focuses on meeting the unique financial needs of educators and school staff. EdFed is dedicated to empowering its members through financial education and tailored solutions. As of April 1, 2025, EdFed will celebrate its 90th anniversary, marking a significant milestone in its history and commitment to the educational community.
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